About Fair Housing Find a manager that fits your property

Property Managers in Terrell, TX

Compare top property management companies in Terrell, TX. Review services and vetting status, then reach out or request a free quote.

Lochhead Properties
Sheila Lambeth Broker
Mesquite, TX [ Serves Garland, Mesquite, Rowlett, Rockwall +5 more ]
Verified & Vetted Long-term Residential
We specialize in homes, condos and commercial properties. Call us with all your rentals and property management needs.
›

Rental market in Terrell: rising rents

In Terrell, Census median gross rent rose about 48.9% over the last five years, rents on a clear upward path. The same data shows a population of 172,604, up 39.4% over five years, renters in 21.9% of homes, and three-bedroom rents about 9% below the U.S. average. The typical home is valued near $320,900, and the median household earns about $89,485 a year, with renters spending a median 32.8% of income on rent.

Market at a glance

Rents & affordability

-7% 2-bed vs U.S. rent
-9% 3-bed vs U.S. rent
+1% 4-bed vs U.S. rent
+48.9% Rent trend, 5-yr
32.8% Rent-to-income

People & households

21.9% Renter-occupied
172,604 Population
+39.4% Population, 5-yr
$89,485 Median household income

Housing stock

5.8% Vacancy rate
$320,900 Median home value
2005 Median year built
79.7% Single-family homes

Jobs

4.6% Unemployment rate
Rent vs the U.S. average, by bedroom size
U.S. average 2-bed -7% 3-bed -9% 4-bed +1%
Who rents vs owns
Renters 21.9% Owners 78.1%

Professional property management in Terrell typically covers pricing, listings, tenant screening, rent collection, and repairs. About 79.7% of local housing is single-family, a common focus for rental owners. With vacancy near 5.8%, rent positioning and days on market can shape your return. Area unemployment is 4.6% as of August 2026. See the managers above and ask for a free quote.

Pricing shown is long-term residential, not short-term or vacation. Non-residential and commercial rents follow the same local direction as a rule, so the residential deviations above give you a fair read.

Frequently asked questions

Are rents rising in Terrell?

Census data shows median gross rent rose about 48.9% across five years.

How do rents in Terrell compare to the national average?

Versus the national average: two-bedroom -7%, three-bedroom -9%, four-bedroom +1%. Each figure compares a bedroom size to the typical U.S. rent, not a rent we set.

Is Terrell a good market for rental property?

This market has seen rents increase, an advantage for a well-timed purchase. Renters make up 21.9% of households and vacancy sits near 5.8%. Three-bedroom rents run about 9% below the national average, and rents rose about 48.9% over five years.

How strong is rental demand in Terrell?

21.9% of homes are rented, not owned, and the population of 172,604 grew 39.4% over five years. Vacancy runs near 5.8%.

Rent shown as a deviation from the typical U.S. rent, a national average weighted by renter population, from HERO and HUD reference data. Demographics, population, and rent trend from the U.S. Census Bureau ACS 2020-2024 5-year estimates at the county level, with the five-year trend measured against the 2015-2019 estimates. Unemployment from the U.S. Bureau of Labor Statistics (August 2026).